Financially Stressed Canadians Expect Banks to Provide Guidance but Turn to AI for Advice, JD Power Finds
Financially Stressed Canadians Expect Banks to Provide Guidance but Turn to AI for Advice, JD Power Finds
RBC Ranks Highest in Banking Advice and Financial Health Support; CIBC Ranks Highest in Credit Card Financial Health Support
More than half (52%) of Canadians are considered financially vulnerable or stressed
Canadians seek a mix of short-term guided solutions with long-range planning
Two in five Canadian (41%) AI users utilize it for financial advice and 73% act on it
Canadians Are Turning to AI for Financial Advice Before Seeking Professional Help, New Survey Reveals
‘Unregulated and uncontrolled’ artificial intelligence comes with risks, from poor investment decisions to personalized fraud.…
Canada Bank and Credit Card Apps and Websites Perform Well Overall, but Virtual Assistants Struggle With Complex Tasks, JD Power…
Recent surveys suggest AI has become a more popular financial adviser than actual financial advisers.
No longer do young people turn to mom or dad to help set their 401(k) or investment advice–AI has become their new financial…
Canada’s big banks hoped to set aside less money to tackle bad loans in the second half of 2026, but analysts say that is…
